BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit.
After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238.
The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
Trendanalyse
ETH/USDT 4H Interwal Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. We will start by marking the place where the price rebounded above the EMA Cross 200 blue line, remaining in the ongoing downtrend. Further, using the yellow line, we can determine the downtrend line under which the price is currently located and from which it rebounded during yesterday's upward move.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we will first mark the strong support zone from $1700 to $1648, then we can mark the second zone from $1625 to $1592, when the price goes lower we can see a drop around the $1549 support .
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we can see that the price failed to break the resistance zone from $1714 to $1752, it turned around at the upper border of the zone, only when it breaks it will move towards the resistance at $1807.
The CHOP index indicates that the energy has been used, the RSI has entered a downtrend, what's more, you can see that there is a lot of room for further decline, while the STOCH index also confirms that there is energy for the price to fall to a lower level.
BTC 4H Review Chart (price adjustment)Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First of all, we will use the yellow line to mark the downtrend, which the price could not overcome, while at this point you can mark the triangle in which we are currently moving. Moreover, locally, it is worth marking the sideways trend channel from which the price went up by the height of the indicated channel.
When we turn on the EMA Cross 200, we see that the price broke the blue line and wanted to return to the uptrend, but the attempt failed and we saw a quick reversal of the price.
Now we can move on to marking support areas in case of deepening correction. And here in the first place it is worth marking the support zone from $26968 to $26599, however, when we fall below this zone, we can see a drop around the second zone from $26299 to $25684, and then we have a strong support at $25012.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $27,640 to $28,253, where we lack the energy to go up, only when this happens, the price will move towards the second very strong resistance zone from $29,129 to $30,238.
Please pay attention to the CHOP index which indicates that the energy has been used and there is currently an accumulation visible, on the RSI we crossed the upper limit which indicated overheating and a trend reversal where there is still room for the price to go lower, also the STOCH indicator confirms that there is room for us to they went a little lower in this reaction.
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is moving above the first and second lines of the local uptrend.
After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong support at $1616.
Looking the other way, we can similarly determine minor resistances and here we will first mark the resistance zone from $1733 to $1751, then the resistance at $1765 and the strong resistance at $1780.
Looking at the CHOP indicator, we see that the rebound gathered a lot of energy, on the RSI we have a rebound with room for a further decrease in price, while the STOCH indicator shows room for growth, however, the upward move gives a small price movement on the chart, which may result in a price drop in the next hours .
Head & Shoulder pattern breakout in PIDILITINDPIDILITE INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2616+.
✅Can Go Long in this stock by placing a stop loss below 2515-.
DOT/USDT 1DInterwal Review CHartHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently holding.
Moving on, we can move on to marking support areas when we start a larger correction. And here we can mark the support zone from which the price bounces from $4.36 to $4.03, then we can mark strong support at $3.56 and then $2.96.
Looking the other way, we see that the price is on its way to a very strong resistance zone from $5.02 to $5.47, then there is resistance at $5.81, and then it will move towards a very strong resistance at $6.78 $.
Please look at the CHOP index, which indicates that we are collecting more and more energy for the upcoming move, the RSI indicator shows an increase, but there is still a lot of room for the price to go higher, while the STOCH indicator indicates an upward movement with room for further price increase as well.
BTC 1D Review Chart Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the interval of one day. First, we will use the blue lines to mark the downtrend channel, which the price has left with a strong downward move, while we are currently seeing a sideways exit from the downtrend line.
Now we can move on to marking support areas in case the correction starts to deepen. For this we will lay out the Fib Retracement grid and here we can immediately see that the price stays in a strong support zone that lasts from $26311 to $24793, when the zone is broken down by the price we can see a strong downward move to the support area of 20411 $.
Looking the other way, we can also check resistance points for the price when it starts to rise. As we can see the first resistance is at $27625, then we have the second resistance at $28477, then there is a strong resistance zone from $29244 to $30422, only when the price goes up and then positively tests this zone will move towards a very strong resistance at at $31,858.
When we turn on the EMA Cross 200, we see that the price has fallen below the moving average of 200, indicating a return to the downtrend.
When we look at the CHOP, RSI and STOCH indicators, we can see that energy is used everywhere and as the price movement on the chart confirms, we can see on the indicators that we are in a period of consolidation, which may give an upward movement in the coming days.
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is staying below the local downtrend line.
After unfolding the Fib Retracement grid, we see that the nearest support is at $1641, then the second support at $1626, the third support at $1605, and then the fourth strong support at $1580.
Looking the other way, we see that the price failed above the first resistance zone from $1652 to $1661, when it does it has a second resistance zone from $1671 to $1685, followed by strong resistance at $1702.
Looking at the CHOP indicator, we see that the energy in this move has been used up, on the RSI we have an increase to the middle of the range and room for the price to go higher, however, the STOCH indicator shows that most of the energy has been used in this move, hence a small rebound before a possible further increase.
[INTRADAY] #BANKNIFTY PE & CE Levels(28/08/2023) Today will be gap opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level. also possible Reversal Downside 44450 level.
BTC/USDT 1H Interval Review Short-TermHello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line.
After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350.
Looking the other way, first resistance is at $26,174, then second resistance at $26,295, then we have a strong resistance zone from $26,422 to $26,594, then strong resistance at $26,809.
Looking at the CHOP indicator we see that there is a lot of energy for the upcoming move, on the RSI we are back around the middle of the range, however looking at the STOCH indicator we see that there is still energy for the price to go lower.
Hellena | GOLD (4H): Short to resistance area 1905.Dear colleagues, I assume that the price will make a corrective movement to the area of 50%-61.8% Fibonacci 190 levels. Then I will consider only long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
XRP 4H Chart ReviewHello everyone, I invite you to review the chart of XRP in pair to USDT, on a four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. However, here, after unfolding the Fib Retracement grid, we see that the price is holding a strong support zone from $0.55 to $0.46.
Looking the other way, we can mark two resistance zones, the first zone from $0.58 to $0.63, and then we have the second resistance zone from $0.69 to $0.76, only when we manage to overcome them we can move towards resistance at $0.85.
When we turn on the EMA cross 200, we see that the price quickly returned to the blue line of the moving average 200, which indicates a quick return to the downtrend.
On the CHOP index, we can see that there is a lot of energy for the upcoming move, on the RSI we have a rebound and sideways movement around the middle of the range, while the STOCH indicator starts to turn around, which may indicate a price increase in the coming hours.
BTC to USDT on 1H Interval ReviewHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the interval of one hour. First, we will use the blue lines to mark the downward channel from which the price went up at the uptrend line, but now we can mark the local channel in which the price dynamically went down.
In order to determine price support, we will lay out the trend based fib extension grid, and we see that price has gone down to $25,801 support, then we have a strong support at $25,525, and then a third very strong support at $25,157.
Looking the other way, we can determine the places of resistance in a similar way. We will first mark resistance at $26,210, once it is broken, the price has a resistance zone from $26,430 to $26,603 on its way, and when it manages to break above this zone, the price will have to break through the resistance at $26,776.
When we turn on the EMA Cross 10 and 30, we see a place of a strong price drop where the red line of the ema cross 10 crossed the green line from above, which confirmed the return to the downtrend.
Please pay attention to the CHOP index which indicates that most of the energy in this downward move has been used up, the RSI also has a rebound to the lower part of the range, while the STOCH indicator indicates that the energy in this move is exhausted, which may stop the price falling further.
[INTRADAY] #BANKNIFTY PE & CE Levels(25/08/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 44450 level then possible downside rally of 400-500 points upto 44050 Level. And this rally can extend for another 400 points if it gives breakdown of 43950 level. Any Major upside only expected in case banknifty starts trading above 44550 level.
BNB 4H Interval ReviewHello everyone, welcome to a review of the BNB chart on a four-hour time frame. Let's start with the blue lines marking the uptrend channel from which the price exited at the bottom, and the price drop after leaving the channel was as much as the height of the presented channel. Locally, we can mark with a yellow line, the downtrend line under which the price is moving.
Let's start by marking the support spots for the price and we see that we first have support at $205, but if the price goes lower, we have another support at $196, then at $189, and another support at $183.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is currently fighting resistance at $219. Next is resistance at $224, third resistance at $228, then price needs to break through the strong resistance zone from $236 to $244.
The CHOP index indicates that the collected energy is used to increase the price, on the RSI we have a visible increase, although there is room for the price to go higher, it is worth paying attention to the STOCH indicator which indicates that the energy is running out, which may bring a rebound after this increase.
ETH/USDT 1H IntervalHello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. As we can see, the price is moving along the local downtrend line.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we first have a support range from $1628 to $1601, a second support at $1573, a third at $1533 and then we have a strong support at $1483.
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here the price faces a strong resistance zone from $1685 to $1712, and when we break above this zone ETH has to break the resistance at $1747.
When we turn on the EMA Cross 10 and 30, we can see that the red line of the ema cross 10 is approaching to intersect the green lines of the ema corss 30 from below, indicating a return to the local uptrend.
The CHOP index indicates that there is more and more energy in the current movement. On the RSI indicator we have a visible increase with room for the price to go a little higher, while the STOCH indicator also indicates that we can see the price increase.
BTC/USDT 1H Interval Review ChartHello everyone, I invite you to review chart on the BTC to USDT pair, taking into account the time interval of one hour. First of all, we will use the yellow line to mark the local downtrend line, from which the price is trying to break out to the top.
Now we can move on to marking the places of support in the event of a correction. And here we first see price holding at the $25908 support, however when we go below that support we can see a drop to around $25609 and then to the strong support of $25238.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $25983 to $26179, when we manage to break it, we have resistance at $26372, then there is resistance at $26650, then strong resistance at $27004.
Please pay attention to the CHOP index which indicates that the energy is gathering more and more strength, the RSI shows an increase to the middle of the range with a place for the price to go higher, while the STOCH index is in recovery which may indicate that it will fall a little lower.
Is GBPUSD low at 1.2616 going to hold and become a W bottom(5)This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale and the cycle framework methodology by the smart money indicator. Please refer to our reference videos below.
As of today, the bottom on daily timeframe confirmed yesterday. Good job on those who stuck on the trade despite the selloff on friday last week. We have now successfully captured a 4h bottom holding onto becoming a daily bottom by understanding the cycle and smart money framework. Now,we will manage the trade on daily timeframe till it confirms its bottom on the weekly timeframe. Let's wait and see. Patience is virtue.
BTC/USDT 1H Interval ReviewHello everyone, let's look at the BTC to USDT chart on a single day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $25757, if the support is broken then the next support is $25693, and then there is the support zone from $25631 to $25540.
Now let's move to the resistance line, as you can see the first resistance is $25833, if you manage to break it, the next resistance will be $25898, $25951 and then the resistance zone from $26005 to $26081.
Looking at the CHOP indicator, we see that there is a lot of energy for the move, on the RSI we have another rebound with room for the price to go lower, and on the STOCH indicator you can see the use of energy for the current price decrease.
Falling wedge pattern breakout in GODREJPROPGODREJ PROPERTIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Falling wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1620+.
✅Can Go Long in this stock by placing a stop loss below 1540-.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/08/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. And this rally can extend for another 400 points if it gives breakdown of 43450 level. Any Major upside only expected in case banknifty starts trading above 44050 level. also possible Reversal upside 43550 level.
BTC/USDT 1H Interval Short-TermHello everyone, let's look at the BTC to USDT chart on a 1-hour timeframe. As you can see, the price has moved downwards from the local triangle.
Let's start with the support line and as you can see the first support in the near future is the zone from $25782 to $25618, then there is the second zone from $25462 to $25226, and then support at $24933.
Now let's move on to the resistance line, as you can see the first resistance is $26102, if you break it the next resistance will be $26400, then there is the resistance zone from $26632 to $26867 and then the resistance at $27205.
Looking at the CHOP indicator, we see that there is still some energy left for the move, the RSI is moving at the lower limit which may give the price a rebound in the coming hours, and the STOCH indicator turns around the middle of the range, which has stopped the price rebound.
BTC Analysis for the Next CycleBTC Analysis for the Next Cycle
The reason i am predicting that support the last support is,In the previous cycle of btc have one common characteristics that when ever btc defence it bottom,it came near to bottom to panic people that it will break that bottom defined.But everytime its bounce from near to bottom still now,Hope it will also repeat that this time too...